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Tesla shares slide as Denmark, Sweden sales drop; Trump-Musk feud

ReutersJul 1, 2025 9:19 AM

Tesla TSLA.O down 4.9% to $302.77 premarket

Sales decline for sixth straight month in Sweden and Denmark in June y/y

Denmark Tesla sales down 61.6%, Model Y sales slump 31.2% y/y; Sweden registrations fall 64.4%

However, Norway Tesla registrations surge 53.8% during the same period

Meanwhile, renewed Trump-Musk feud added pressure on stock. Tesla shares trading in Frankfurt tumbled around 5% on Tuesday

On June 5, Trump-Musk feud exploded causing TSLA to slump 14.3%, losing about $150 billion in market value, its largest single-day decline in value ever

TSLA down 21.3% YTD

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